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flag Starting May 1, India raises ATM fees, potentially steering customers towards digital payments.

flag Starting May 1, the Reserve Bank of India has increased ATM interchange fees, raising costs for cash withdrawals from ATMs. flag Customers will face additional charges after their free transaction limit, with financial transactions costing Rs 2 more and non-financial transactions costing Re 1 more. flag This change, affecting all banks, could push customers towards digital payment alternatives.

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